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Updated over 9 years ago on . Most recent reply
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Newbie Question on Private Lenders
Hi all! I am a newbie and new to this site as well. I came upon an unexpected killer deal for a fix and flip that I really would like to get as mine and my daughter's first deal, but I have to move quickly and don't have the funds for it. I've been looking at private lenders. My question is, how do I know that they are legit? Someone told me to ask them for their NALMS number. What is that? Also, are there certain questions that I should be asking them to verify that they are legit? Also, any ideas on how to find private private lenders as a newbie? Thanks all!